GroundRules
Tex. Special District Local Laws Code § 8282.252: AUTHORITY TO ISSUE BONDS FOR ROADS AND TURNPIKES.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE F. MUNICIPAL UTILITY DISTRICTS
- CHAPTER 8282. FALCON'S LAIR UTILITY AND RECLAMATION DISTRICT
- SUBCHAPTER F. BONDS
(a) The district may not issue bonds for a purpose described by Section 8282.153 unless the bonds are approved by a vote of a two-thirds majority of the voters voting in the district or the territory to be affected by the bonds.
(b) Bonds, notes, or other district obligations issued or incurred for a purpose described by Section 8282.153 may not exceed one-fourth of the assessed valuation of the real property of the district or the territory to be affected by the bonds.
(c) Sections 49.181, 49.182, and 54.5161, Water Code, do not apply to bonds issued by the district as provided by this section.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.04, eff. April 1, 2011.
Collected 2026-08-27T01:47:41Z. Source file · JSON